DFM Index
Long

Dubai Financial Market

55
Heavy selling pressure today with gap downs, what happen suddenly? is it cuz USA market is in panic selling? coronoa? dont know yet but the red candle indicates that investors were not confident today and surely not in a mood to buy stocks. Its very sensitive now if it will come back to support level and hold it or is it begining or a new down trend. Till that time we are above 2230 we are safe. But is we see a breakout of 2230 thn fasten your seat belts!!! Over all still very bullish

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